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See how verdicts work2-bedroom flat · YO7 1TH
For saleListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rare opportunity to purchase a shared ownership apartment in the popular Meadowfields development.
Hunters are pleased to bring to market this two-bedroom apartment, with easy access to Thirsk Market Place and the good range of local amenities.
Purpose built for over 55's the development offers on-site care provision, shared communal areas, laundry room, landscaped gardens, terraces, lift access and car park.
Residents also have direct access to Thirsk Library.
The first floor accommodation overlooks the front of the building towards Chapel Street and compromises; spacious entrance hall, useful storage cupboard, two bedrooms, living room, fitted kitchen and wet room.
Viewing is highly recommended to appreciate size and facilities Meadowfields has to offer. Please note that the advertised price relates to a shared-ownership purchase.
Entrance Hall Door to bedrooms, wet room, living room and useful storage cupboard.
Lounge/Dining Room (4.72m x 3.35m (15'6 x 11')) A bright and spacious room featuring a large double glazed window overlooking the front of building, arched opening to: Kitchen (3.35m x 2.26m (11' x 7'5)) Fitted with a range of modern floor and wall mounted units with laminate work surfaces.
Stainless steel sink with mixer tap, eye level electric oven, electric hob with extractor over. Plumbing for washer/dishwasher and space for fridge freezer.
Bedroom One (4.39m x 3.00m (14'5 x 9'10)) Double bedroom with double glazed window overlooking the front aspect, door to wet room.
Wet Room (2.59m x 2.03m (8'6 x 6'8)) Fitted with white suite comprising; walk in shower, low flush WC, wash hand basin, part tiled walls and emergency pull cord.
Bedroom Two (3.35m x 2.26m (11' x 7'5)) With double glazed window to front aspect.
Storage Cupboard A good sized walk-in storage cupboard complete with fitted shelving and lighting providing a useful storage area.
Communal Areas Meadowfields offers a range of facilities which includes, communal areas, activity room, hair salon, laundry room, buggy room, lifts to all levels, multiple staircases and direct access to Thirsk Library.
There is a further lounge area on the second floor with doors to terrace which overlooks The Flatts and countryside.
Service Charge We have been informed the property is leasehold with a 125-year lease from 1st January 2015.
Additional charges include: - Shared ownership rent: £510.80 on 25% - Support charge: £20.23 per month. - Utility (gas and water) - £22.30 month - 24/7 support charge: £40.30 per week.
Agent's Note A purchaser buying the 25% has the option to increase this share up to a maximum of 75% at either the same time as the purchase or at any time in the future.
At 75% ownership no rent is then charged on the 25% not owned. Holiday letting is not permitted. Furniture can be available by separate negotiation.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Flat 19, Meadowfields, Chapel Street, Thirsk
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